Bankruptcy FAQ

Bankruptcy Is More Affordable Than You Think?

Many people hesitate to hire a bankruptcy attorney is because they think that it will be very expensive. In actuality, the fees involved are not high and can save you thousands in the long run.

Many attorneys are very flexible in helping you get started in your bankruptcy. The cost of attorney fees varies widely depending on the issue surrounding your personal bankruptcy case. Some individuals have a basic Chapter 7 case while others have a complex Chapter 13 case that includes a home loan and IRS debts.

Second, how much will you pay? Call around before making an appointment. Bankruptcy attorneys are accustomed to receiving the “how much do you charge” phone call and are happy to clearly explain all of the fees involved in the bankruptcy case, including attorney fees. The qualified and experienced attorney will charge a fair and competitive price. You may also ask if there is a fee for the initial consultation.

What needs to be considered carefully is that when you have a skilled, experienced bankruptcy attorney representing you in your bankruptcy you can save money on issues such as:

Discharge of Debts
Exemptions for Second Mortgages
Assistance in stopping creditors from taking collection actions against your assets.
Additionally, it is crucial that the bankruptcy forms are filled out appropriately so that the bankruptcy trustee will not object to your proposed payment plan or debts to be discharged in your petition.

For more information on how to get started with your bankruptcy petition and for a free bankruptcy consultation contact law firm, Fears | Nachawati, by calling toll free 1.866.705.7584 or by e-mailing info@fnlawfirm.com.

For more detailed information on your bankruptcy options contact bankruptcy law firm, Fears | Nachawati, toll free at 1.866.705.7584 or by e-mail at info@fnlawfirm.com for a free consultation.

For updated information on filing fees visit http://www.txnb.uscourts.gov/Clerks-Office/Filing-Fees.

Bankruptcy Attorney C. Bryan Fears &
Dallas: 111 Soledad St, Suite 300
Phone: (210) 338-8150
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Should I get a divorce before or after bankruptcy?

The decision to file for bankruptcy before or after divorce will depend on a few factors. If you are married and your spouse declares bankruptcy, it may be a good idea to join with your husband in filing for bankruptcy, particularly in a community property state such as Texas. A joint bankruptcy will wipe the slate clean of debts for both of you.

If the divorce is complete before your husband files for bankruptcy, you may not be included in the bankruptcy. However, if bankruptcy is inevitable for you as well, it probably will be cheaper for you and your spouse to file jointly for bankruptcy before you complete your divorce proceedings. If you don’t join in the action, his bankruptcy will only get him off the hook for joint debt and the creditors may pursue you to collect the full amount.

Each financial situation is different. Consult a competent bankruptcy attorney who represents debtors to find out what works best for you. For a free bankruptcy consultation contact bankruptcy law firm, Fears | Nachawati, toll free at (210)338-8150 or through the contact form on the right.

Bankruptcy Attorney C. Bryan Fears &
Dallas: 111 Soledad St, Suite 300
Phone: (210) 338-8150
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When you are experiencing a financial crisis you may feel like you are the only one in that situation. The reality is that many people are feeling the current financial crunch for one reason or another. So whether you live in San Antonio or any other part of Bexar County, you are not alone!

The following top five reasons seem to be the most common reasons why many people are filing for bankruptcy: 1. Wiping the slate clean. The goal of a discharge is to reduce debt to give you a fresh start.

Wiping the slate clean. The goal of a discharge is to reduce debt to give you a fresh start.

Stop foreclosure or sale of your home. If your home is in foreclosure a Chapter 13 bankruptcy will stop the foreclosure any time prior to the sale.

Prevent repossession of your car or other property. If the bankruptcy is filed quickly enough it can effectively force the creditor to return your car or other personal property.

Restore or prevent your utilities from being shut off. Filing bankruptcy can prevent the utility company from pulling the plug on you.

Stop aggressive collection efforts by creditors. Often, creditors will call the home of a debtor at all hours and behave in an abusive manner. Bankruptcy will help stop the harassing phone calls and other aggressive behavior by creditors.

A consultation with a San Antonio bankruptcy attorney can help answer specific questions based on your circumstances.For a free bankruptcy consultation to learn more about protecting your vehicle and other assets through bankruptcy, contact a bankruptcy lawyer at Fears | Nachawati Law Firm by calling toll free at (210)338-8150 or through the contact form on the right side of the page.

Bankruptcy Attorney C. Bryan Fears &
Dallas: 111 Soledad St, Suite 300
Phone: (210) 338-8150
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Will Bankruptcy Protect My Child’s Car If It Is In My Name?

Yes, bankruptcy can help you save your vehicle. When you file for bankruptcy in San Antonio, you need to list all the property that you possess or is under your name. When you list the vehicle, it cannot be repossessed while the bankruptcy court trustee is reviewing your case. Depending on the type of bankruptcy you file for, Chapter 7 or 13, you may be allowed to keep the vehicle if you agree to make up any past due payments or continue making payments.

Other options include evaluating the equity in the vehicle and how much is owed on the vehicle. The bankruptcy trustee will not take the car if it has no equity. In the unusual case that there is equity, you may have other options as well. If you still owe money on the car, you can reaffirm the debt. Some jurisdictions don’t require that you reaffirm the debt but only that you continue to make the payments as agreed in the original contract.

A consultation with a San Antonio bankruptcy attorney can help answer specific questions based on your circumstances.For a free bankruptcy consultation to learn more about protecting your vehicle and other assets through bankruptcy, contact a bankruptcy lawyer at Fears | Nachawati Law Firm by calling toll free at (210) 338-8150 or via e-mail through our contact form.

Bankruptcy Attorney C. Bryan Fears &
Dallas: 111 Soledad St, Suite 300
Phone: (210) 338-8150
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Will Bankruptcy Ruin My Life?

Clients have many questions during the initial appointment with our bankruptcy law firm. The most common concerns are losing property, and rebuilding credit after the bankruptcy case is over. Occasionally someone will ask a straight-forward question: “Will filing a bankruptcy ruin my life?” This powerful and important question deserves a straight-forward answer:

Bankruptcy Attorney C. Bryan Fears &
Dallas: 111 Soledad St, Suite 300
Phone: (210) 338-8150
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